Kensett's real estate market is currently hot with low inventory and high demand. The median home price of $113,000 represents a substantial 18.9% increase from this time last year. With only 1 active listings, inventory is 67% lower than typical for this time of year. Homes are now taking an average of 59 days to sell, significantly longer than the 2 days typical for this market. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Kensett market with the affordability index at 281.1. Based on current market indicators, home prices in Kensett are projected to increase by approximately 10.2% over the next month.